AweSpace Estate Private Limited in its first phase will be developing fully-furnished ultra-luxurious villas estates and mansions on an approximate total of 150 acres of land spread in as many as six key tourist destinations – Goa, Alibaug, Lonavala, Shimla, Nainital and Coorg – featuring an array of spectacular features and amenities, private pools, landscaped gardens and club-houses.
The company already has a robust plan to tread into the Indian landscape and it will raise funds ₹500 crore for developing big-ticket luxurious projects in phases.
In addition, it has planned to develop premium properties in locations such as Maldives, Europe, Australia and United States in the second phase.
Overall, the trend towards luxury villa ownership in exotic locales is expected to continue in India as more people seek out unique, exclusive vacation experiences.
